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526 S Warm Sands Drive

Palm Springs, CA 92262

40 beds
40 baths
30,000 sqft
~2 acre lot
$350 per sqft
1948 build

Welcome to the Exotic Dreams Hotel — a rare and iconic hospitality offering in the heart of Palm Springs. This 40-room boutique hotel blends mid-century and spanish charm with modern upgrades, providing a unique investment opportunity or an exceptional addition to any hospitality portfolio. Spanning multiple structures across lushly landscaped grounds, the property features three sparkling pools, ample guest amenities, and breathtaking views of the surrounding mountains. Many of the rooms have been recently renovated with stylish, contemporary finishes, upgraded bathrooms, and enhanced technology offerings to meet the expectations of today's discerning traveler. The layout of the hotel offers flexibility for both standard guest stays and extended group bookings, with multiple room types including suites, patios, and poolside accommodations. Whether guests are seeking a serene desert escape, a lively weekend retreat, or a private event venue, Exotic Dreams delivers on all fronts. Ideally located just minutes from Downtown Palm Springs, the hotel offers walkability to shops, restaurants, nightlife, and world-class events like Modernism Week and Coachella shuttle routes. With its strong branding potential, existing operational footprint, and room to increase ADR through continued renovation and repositioning, Exotic Dreams is poised for both immediate income and long-term appreciation. Highlights: 40 well-appointed rooms (many newly updated) 3 resort-style swimming pools Mountain views and lush landscape Prime Palm Springs location near Downtown Upside potential through continued improvements and repositioning Don't miss this extraordinary opportunity to own a piece of the desert's hospitality legacy.

Listing courtesy of DAMLS / The Firm Brokerage

Last checked: Checking… • Last updated Jul 16, 2025 •

MLS# 219132823 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1948
Year Established:

None
Year Built Source:

None
New Construction:

No
Builder Name:

None
Builder Model:

None
Building Area Total:

30000.0
Building Area Source:

None
# of Buildings:

None
# of Units Total:

None
Unit Number:

None
Building Name:

None
Building Features:

None
Stories:

None
Stories Total:

1
Levels:

Ground
Entry Location:

["Ground Level - No Steps", true]
Door Features:

None
Security Features:

Other
Basement:

None

Interior

Rooms Total:

None
Furnished:

None
Formal Entry:

true
Flooring:

Tile
Fireplace:

false

Room Dimensions

Living Area:

30000.0
Living Area Source:

None

Location

Directions:

None
Cross Street:

Ramon Rd & Warm Sands
Ground Level:

true
Latitude:

33.815451
Longitude:

-116.536856

The Property

Property Type:

Residential Income
Property Subtype:

Apartment
Topography:

None
Lot Size Area:

71438.0
Lot Size Acres:

1.64
Lot Size SqFt:

71438.4
Lot Dimensions Source:

None
Lot Size Source:

Assessor
Zoning:

R-2
Zoning Description:

Assessor
Current Use:

None
Possible Use:

None
View:

Desert, Hills, Mountain(s), Panoramic, Pool
View:

true
Parcel Number:

508211017
Property Attached:

No
Water Body Name:

None
Waterfront:

No
View:

Yes
Road Frontage Type:

None

Listing Agent

Contact info:

Taxes

Tax Legal Description:

None

Beds

Bedrooms Total:

40

Baths

Total Baths:

40.0
Total Baths:

40
Full Baths:

40
Partial Baths:

None

The Listing

Disclosures:

None
Possession:

Close Of Escrow
Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Heating -Central:

true
Cooling:

Air Conditioning, Ceiling Fan(s), Central Air
Cooling:

true
Cooling Type -Air Conditioning:

true
Central Air:

true

Utilities

Sewer:

In, Connected and Paid

Schools

Elementary School:

None
Elementary School District:

None
Middle Or Junior School:

None
Middle Or Junior School District:

None

The Community

Subdivision Name:

Warm Sands
Gated Community:

No
Senior Community:

false
Senior Community:

No
Spa:

true
Spa Features:

Hot Tub, Private, In Ground
Pool:

Yes
Private Pool:

true
Pool Private:

true
Pool Features:

In Ground, Private, Community
Pets Allowed:

None
Association:

None
Association Name:

None
Association Fee:

None
Association Fee Frequency:

None
Association Fee 2:

None
Association Fee 2 Frequency:

None
Cap Rate:

None
# of Units In Community:

None

Parking

Attached Garage:

None
Covered Spaces:

None
Parking Total:

48.0
Parking Features:

Guest, Unassigned, Total Uncovered/Assigned Spaces
Open Parking Spaces:

None
Total Uncovered Assigned Spaces:

48.0

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Sale history

Date	Event	Source	Price	% Change
7/16/25 Jul 16, 2025	Listed / Active	DAMLS	$10,500,000

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This multifamily located in Baristo, Palm Springs, CA 92262 is currently for sale for $10,500,000. 526 S Warm Sands Drive is a 30,000 square foot multifamily with 40 beds and 40 baths. 526 S Warm Sands Drive is in the Baristo neighborhood of Palm Springs. This multifamily is in the attendance area of Cahuilla Elementary School, Raymond Cree Middle School, and Palm Springs High School.

Listing Courtesy of: DAMLS and The Firm Brokerage.

The information being provided by DAMLS is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.

Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of DAMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.